Hi all,
Have been reading jago investor for past few weeks and finally created my account today.
I would be glad if someone would give me some good advice for long term 10+ mutual fund investment,.
I am 27 years earning upto 45K per month. I am married but no kids (atleast for another year or two more)and wife also works and earns upto 35K Per month. Would like to know which MF’s would be good for someone like me with an Avg risk profile.
Me and my wife already have PPF account where we invest 50K per year each. I have an education loan for which i pay 10K per month for another year.
Also having term plan of 60 lacs for which i pay around 6700 per year. Medical insurance is taken care by my company
Need to start investing in MF around 10 K for starters for both me and my wife
and increase 5% every year.
i am planning to invest 10 K per month in following 4 funds
1. DSP BR Top 100 Equity – 3k
2.HDFC Prudence- 3k
3. Quantum Long Term Equity – 3k
4. HDFC Tax Saver – 2k
would like to know if above funds would be good enough and would be be glad if someone could suggest similar profile (3-4 funds) for my wife with lower risk
Any help would be appreciated. Thanks